TAMAN BAGAN BARU

TAMAN BAGAN BARU in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 505K and a median price per square foot (PSF) of RM 320.

This area contains both residential and commercial properties. View 15 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 505K, with most transactions falling within a stable range of RM 355K to RM 672K, and a typical market range of RM 449K to RM 561K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 320, though individual units vary from RM 153 to RM 486 in the core range. The broader market spans RM 152.13 to RM 486.88, indicating diverse property characteristics. A wider spread (IQR: RM 334.75) and deviation (MAD: RM 167) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.